Technical analysis NAS100 for 07.08.2023
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 15470.00. The closest support is the level 15200.00

Key levels
- 15870.00, 15680.00, 15470.00, 15200.00, 15000.00, 14800.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 15470.00, with Take Profit of 15680.00 and Stop Loss of 15350.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 15200.00, with Take Profit of 15000.00 and Stop Loss of 15350.00